TFM1! trade ideas
Intraday Levels Natural Gas 13 01 2017Levels are Updated
Each Level act as Resistance and Support and vice versa..
Natural Gas - That's ScaryLast week's price action was shaky and scary.
But i am still holding on to my bullish opinion.
Looking for Buy setups in smaller Timeframes
Natural GasAfter the successful retest, no harm in getting bullish Natural Gas.
Seasonal tendencies are Favourable during this time.
BUT one thing that is concerning me is Commercials getting Bearish.
But that can happen and its OK.
Still my advice is to keep a strict stop loss and TRAIL it.
Natural Gas Cooling Off ??In Continuation with my Last weeks commentary,
I am patiently waiting the test of the Breakout AREA.
However keep in mind, The intensity and structure of the test will be very crucial before taking a decision to go Long.
But Seasonal s and Technical s Favour LONGS.
Happy Trading NG!!!
Natural Gas Whoosh !!!For coming several weeks, i will advise to trade NG on Long Side.
Albeit with a good entry method and a strict stoploss.
Natural Gas - Looking for Buy SetupsIf the Pink Area Holds & Stops the Down Move, NG may present some VERY GOOD BUYING Opportunity Here.
Looking For Reasons to Short NGGreat Opportunity.
NG Reaching Critical Resistance with HUGE GAP staring Below.
But Use Tight Stops, as Seasonal Upward Move Tendencies are approaching!!!
Natural Gas Weakly My View
Natural Gas Weakly Chart
2 Gap Show Weakly Chart
And Show Head And Shoulder Pattern
Close Above Neckline Fill The Gap
And Touch 4.30 0.....
My View Only Close Above Neckline...
and Any Change Update....Also Time 2 Time
Remember In Prayer
And
Help 4 Every 1.....
Natural Gas @ RallyAnd also check my last update on NG. After Channel breakout now trading above 161.8%. So will undergo correction till 3.15, so I am adding my long position now and if correct near to 3.15 will add more for the target of 4.5 in short term.
Keep the stop loss near 3.
Natural GAS ! Which Way !!!Upside remains suspect.
On Downside, I Have Given My Arguments.
Lets Watch Closely
Natural Gas: Continuation TradeAfter a consolidation between $2.5 and $3, NG if manages to close above $3, can trigger a move as mentioned in the chart.
Natural Gas Futures - Indicates "Change in Trend"On monthly chart, the price action indicates a change in trend.
Why is it a Change in Trend:
1. Price action making lower Highs (LH) and Lower Lows (LH) on monthly chart created a downward trend channel.
2. Now the price action made a Higher Low (HL) as indicated in above chart that indicates rejection of lower prices and buyers entering market to control price action and move the prices higher.
Indicating change in trend as now the trend of "Lower Lows" have changed to "Higher Low".
What do you think about it? Would you agree or not? Questions related it? please share remarks or queries in comment below section in order to improvise it.
Thanks,
Regards
Natural Gas - Caution!!!Longs Wait till decisive Break of 3.00 on weekly basis.
The Triple top could result in a sharp upmove (Bull Trap) & then
Down for a correction !!!
Natural Gas- Let it cross BB-Centre BandBollinger Band -20 Period Moving Average-once crossed by Natural Gas ..We will become sure that its heaading for its last leg in the C-Wave.
Natural Gas(QG1!)- Looking for 3.100-3.125(C-Wave)Looking for last leg in Natural gas to complete & face resistance at the polarity zone & XX -previous swing.
Natural Gas- To Move till 3.100 to 3.150 Above 20 M.A.Natural Gas staying Above 2.590 & Moving Above 20 period MA(shown by pink line) can take NG in the zone of 3.100 to 3.150 -previous swing high of XX -mark where it shall get resistance & if that level holds -then going back below 2.590. It shall start falling in an impulsive leg down.
Regards,
Abhishek H.Singh, CMT
